EYS Evidence // Melbourne's Premier Auction Indicators

As Victoria's leading auctioneers, we oversee more auctions than anyone. Because of that, our stats matter. Our mission is to educate the Melbourne auction market through our unique data collection and make it better prepared for auctions

June 2022

Clearance rate

Sold prior (%)

Average auction duration

Average no. of bidders

Average no. of bids

Average bids per bidder

Average sold price

Average over reserve ($)

Average over reserve (%)

78%

8%

19 mins

4.2

19

4.9

$1,012,000

$65.5k

8.4%

June 2023

Clearance rate

Sold prior (%)

Average auction duration

Average no. of bidders

Average no. of bids

Average bids per bidder

Average sold price

Average over reserve ($)

Average over reserve (%)

84%

13%

15 mins

3.5

21

4.8

$996k

$14K

4.3%

EYS

84%

CLEARANCE RATE

VS

VICTORIA

79%

CLEARANCE RATE

15 min.

AVERAGE AUCTION DURATION